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Daily: UK prompt gas extend losses on warmer weather

Brent crude oil futures dropped on Wednesday, pulled down by a steep sell-off in U.S. gasoline futures after a U.S. government report indicated a surprisingly build in domestic gasoline inventories, while a strong U.S. equities market brought oil prices some support. Meanwhile, U.S. crude oil prices moved independently and posted a gain on the day, at one point gaining more than 60 cents from Tuesday's close.

read more... 11/04/2013

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Daily: Crude oil prices up, Brent-WTI premium widens

Brent crude oil futures increased on Tuesday, registering their biggest gain since late December on weaker dollar and moderated Chinese inflation data which pushed investors to commodities. U.S. crude oil prices also traded higher, hitting $94.48 during the session and shortly exceeding the 50-day moving average of$94.44. However, Brent prices increased more sharply, allowing its premium over U.S. crude to widen at $12.

read more... 10/04/2013

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Gazprom and Gasunie to extend Nord Stream to the UK

Russia’s gas giant Gazprom and the Dutch major Gasunie have inked a letter of intent as to explore the potential expansion of the Nord Stream pipeline to Britain.

read more... 10/04/2013

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London Array: The largest offshore wind farm connected to the grid

London Array, the world’s largest offshore wind farm, reached its full capacity at the 630MW first phase on Saturday, 6 April, along with the commissioning of the 175th and final turbine.

read more... 10/04/2013

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Germany’s net electricity exports culminate in 2012

Last year, Germany exported more electricity that it imported, according to data provided by the Federal Statistics Office.

read more... 10/04/2013

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